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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Statement of Cash Flows [Abstract]    
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 3,524 $ 5,702
OPERATING ACTIVITIES    
NET INCOME 15,916 14,705
Reconciliation of net income to net cash provided by operating activities:    
Provision for loan losses 540 (599)
Depreciation 1,591 1,761
Amortization of OMSR 55 465
Amortization of acquisition intangibles 12 22
Amortization of Debt Issuance Costs 67 30
Net amortization of AFS securities 1,568 1,656
Net gain on sale of mortgage loans (568) (1,459)
Mortgage Servicing Rights (MSR) Impairment (Recovery) (532) 0
Bank Owned Life Insurance Income, Net of Expense 605 538
Other Real Estate, Foreclosed Assets, and Repossessed Assets, Valuation Adjustments 5 (1)
Bank Owned Life Insurance Income, From Policy Redemption (57) (150)
Payments for Origination of Mortgage Loans Held-for-sale (19,566) (40,329)
Proceeds from Sale of Mortgage Loans Held-for-sale 20,935 43,711
Net changes in operating assets and liabilities which provided (used) cash:    
Accrued interest receivable and other assets (2,592) 1,811
Accrued interest payable and other liabilities 3,216 (325)
Net cash provided by (used in) operating activities 20,429 21,163
Activity in AFS securities    
Maturities and calls 56,044 79,020
Purchases (204,657) (240,079)
Net loan principal (originations) collections 64,791 (10,583)
Proceeds from sales of foreclosed assets 105 462
Purchases of premises and equipment (2,279) (1,190)
Payment to Acquire Life Insurance Policy, Investing Activities 0 (4,272)
Proceeds from Life Insurance Policy 370 562
Proceeds from Sale of Federal Home Loan Bank Stock 2,288 0
Payments to Acquire Federal Reserve Bank Stock (401) 0
Payments to Acquire Other Investments (39) (377)
Net cash provided by (used in) investing activities (83,778) (176,457)
FINANCING ACTIVITIES    
Net increase (decrease) in deposits 80,694 125,999
Increase in other borrowed funds 2,317 (1,228)
Increase (Decrease) in Loans from Federal Home Loan Banks (20,000) (30,000)
Proceeds from Issuance of Subordinated Long-term Debt 0 29,106
Cash dividends paid on common stock (6,011) (6,369)
Proceeds from issuance of common stock 1,344 1,196
Common stock repurchased (585) (2,699)
Common stock purchased for deferred compensation obligations (828) (869)
Increase (decrease) in cash and cash equivalents (6,418) (40,158)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 98,912 206,482
Cash and cash equivalents at beginning of period 105,330  
Cash and cash equivalents at end of period 98,912  
Net cash provided by (used in) financing activities 56,931 115,136
SUPPLEMENTAL CASH FLOWS INFORMATION:    
Federal income taxes paid 2,500 2,250
SUPPLEMENTAL NONCASH INFORMATION:    
Transfers of loans to foreclosed assets 129 284
Isabella Bank Corporation and Related Companies Deferred Compensation Plan for Directors    
Reconciliation of net income to net cash provided by operating activities:    
Share-based Payment Arrangement, Noncash Expense 346 343
Condensed Cash Flow Statements, Captions [Line Items]    
Share-based payment awards $ 346 $ 343